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MWG

Mobile World expected to benefit from online business tax collection

Mobile World expected to benefit from online business tax collection

Fair competition will be re-established as all businesses are held to the same tax standards.
Vietnamese company opens 50th store in Indonesia

Vietnamese company opens 50th store in Indonesia

Vietnam’s Mobile World Investment Corporation (MWG) opened the 50th store of EraBlue – its joint venture with Indonesia’s leading technology retail provider Erafone – in Tangerang, Indonesia on January 23.
MWG sees drops in revenue in November after closing about 150 stores

MWG sees drops in revenue in November after closing about 150 stores

The company said the fall was attributed to lower demand.
MWG denies cutting 12,000 jobs

MWG denies cutting 12,000 jobs

Its employee turnovers happened spontaneously, the retailer said.
Mobile World Investment to halve dividends to ensure cash flow

Mobile World Investment to halve dividends to ensure cash flow

Mobile World Investment Corpo (MWG) has decided to halve the cash dividend rate paid to shareholders this year to 5 per cent, equivalent to VND5,000 a share.
MWGs profit up 18 per cent

MWG's profit up 18 per cent

As of February, Mobile World Investment Corporation (MWG)''s net revenue increased 6 per cent year-on-year to more than VND21.7 trillion, with its profit after tax also up 18 per cent despite disruptions due to new COVID-19 cases. 
Foreign fund continuously divests from Mobile World

Foreign fund continuously divests from Mobile World

Pyn Elite Fund has constantly divest capital from Mobile World Investment Joint Stock Company (MWG), said Viet Nam Securities Depository (VSD).
Mobile phone retailers shift to other services as market saturated

Mobile phone retailers shift to other services as market saturated

The mobile phone retail business is believed to be saturated and will continue to face difficulties in growth.
Mobile World Group closed its super cheap phone stores

Mobile World Group closed its super cheap phone stores

The Mobile World Group (MWG) has decided to close all of its 17 super cheap phone stores in HCM City a year after launching them.
Mobile World Investment Corp to lower profit target by 30 per cent

Mobile World Investment Corp to lower profit target by 30 per cent

Mobile World Investment Corporation (MWG) is seeking its shareholders’ approval on the plans to adjust revenues down 10 per cent and net profit down 30 per cent this year.
Pyn Elite Fund and Dragon Capital sells off Mobile World shares

Pyn Elite Fund and Dragon Capital sells off Mobile World shares

MWG, one of the biggest mobile phone and accessory retailers in Viet Nam, has occupied a large proportion in the investment portfolios of Pyn Elite Fund and Dragon Capital for many years.
Firms keep buying back their own shares

Firms keep buying back their own shares

Many local firms are buying back their shares to boost ownership during the COVID-19 pandemic.
Mobile World sees profit rise despite COVID-19

Mobile World sees profit rise despite COVID-19

Mobile World Corporation (MWG), one of the biggest mobile phone and accessory retailers in Viet Nam, still witnessed profit growth in the first two months of this year despite the impact of COVID-19.
Mobile World Group opens first BigPhone in Cambodia

Mobile World Group opens first BigPhone+ in Cambodia

Mobile World Group (MWG) officially launched its first ‘BigPhone+’ store in Phnom Penh, Cambodia, on Monday, with a similar look to its stores in Viet Nam.
VNDS to sell covered warrants for two stocks

VNDS to sell covered warrants for two stocks

VNDirect Securities Corporation (VNDS) will issue covered warrants that underline shares of Mobile World Investment Corporation (HoSE: MWG) and FPT Corporation (HoSE: FPT) on June 10.